Menu

American Creek Resources Closes $250,000 Financing

CALGARY, Alberta--(BUSINESS WIRE)--
American Creek Resources Ltd. (TSX-V: AMK) (“the Corporation”)
today announced that it has closed the $250,000 private placement
offering (“the Offering”) that was announced yesterday.

The Corporation sold 5,000,000 units (“Units”) at a price of $0.05 per
Unit for proceeds of $250,000. Each Unit consists of one common share of
the Corporation (“Common Share”) and one non-transferrable Common Share
purchase warrant (“Warrant”). Each Warrant may be exercised for one
additional Common Share at a price of $0.08 for a period of 24 months
from the closing date of the Offering.

Proceeds will be used for general operating purposes including settling
current debt and for exploration work related to the company’s Dunwell,
Gold Hill and Glitter King properties.

The securities issued in this financing are subject to a statutory four
month hold period. This private placement is subject to approval by the
TSX Venture Exchange.

About American Creek

American Creek is a Canadian junior mineral exploration company with a
strong portfolio of gold and silver properties in British Columbia.
Three of those properties are located in the prolific “Golden Triangle”;
the Treaty Creek and Electrum joint venture projects with Tudor
Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.

Tudor is presently conducting a major drill program on the Treaty Creek
property with the objective of developing a primary gold resource
estimate.

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample
Goldmax, Silver Side, and Glitter King properties located in other
prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403
752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it..
Information relating to the Corporation is available on its website at www.americancreek.com

Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.